Senate News

Senators Chris Van Hollen, Elizabeth Warren and Ruben Gallego have vowed to ensure that the Justice Department “conducts a serious investigation into Binance.”

Senator John Thune reportedly said that the chamber would prioritize the SAVE America Act before addressing a vote on bipartisan bills like crypto market structure.

The provision banning the Federal Reserve from issuing a central bank digital currency was included in housing affordability legislation.

Democratic Senator Adam Schiff introduced a bill to ban prediction markets related to war, death and terrorism amid escalating insider trading concerns related to military operations.

Senator Angela Alsobrooks says she’s working on a proposal to move a key crypto bill forward, but crypto and the banks will have to compromise.

Cynthia Lummis continues to push pro-crypto policies in a market structure bill under consideration in the Senate, even as she prepares to leave Congress in January 2027.

The crypto exchange responded to a Senate inquiry over sanctions by claiming that “no Binance account transacted directly with an Iran-based entity.“

The US president makes it official after previously announcing his pick of Kevin Warsh to replace Fed Chair Jerome Powell in a Jan. 30 social media post.

The amendment appears in a broader housing bill and revives language from earlier standalone efforts to block a Fed-issued digital dollar.

Binance rejected the allegations, saying it flags suspicious activity, enforces strict compliance procedures and does not permit Iranian users on the platform.

The CLARITY Act moved quickly through the House of Representatives since it was introduced in June 2025 but has been plagued with delays in the Senate.

The Fed chair confirmation faces a key hurdle as a senator vows to block the process until a DOJ investigation into Jerome Powell is resolved.

US Treasury Secretary Scott Bessent says banks and crypto may begin to offer similar products, and pledged to prevent deposit flight concerns that are stalling a key crypto bill.

Some crypto companies have proposed giving community banks a bigger stablecoin role as Senate negotiations stall over the contentious market structure bill.

Lawmakers begin debating amendments to a sweeping digital asset market structure proposal as Congress looks to clarify oversight of crypto markets.